FDTX vs. TSXU

Last updated Jun 5, 2026

FDTX (Fidelity Disruptive Technology ETF) and TSXU (Direxion Daily Semiconductors Top 5 Bull 2X Shares) are both exchange-traded funds - FDTX is a Technology Equities fund actively managed by Fidelity, while TSXU is a Leveraged Equities fund tracking the Solactive Semiconductor Top 5 Index (2x). FDTX is actively managed, while TSXU is passively managed. A 0.79 correlation means they provide meaningful diversification when combined. FDTX charges 0.50%/yr vs 1.05%/yr for TSXU.

Performance

FDTX vs. TSXU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Disruptive Technology ETF (FDTX) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDTX achieves a 41.92% return, which is significantly lower than TSXU's 141.91% return.

FDTX

• 1D: -0.33%
• 1M: 20.99%
• YTD: 41.92%
• 6M: 41.67%
• 1Y: 58.85%
• 3Y*: —
• 5Y*: —
• 10Y*: —

TSXU

• 1D: -0.92%
• 1M: 66.50%
• YTD: 141.91%
• 6M: 130.37%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDTX vs. TSXU - Yearly Performance Comparison

	2026 (YTD)	2025
FDTX Fidelity Disruptive Technology ETF	41.92%	-0.27%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	141.91%	13.59%

Correlation

The correlation between FDTX and TSXU is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.79

Return for Risk

FDTX vs. TSXU — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDTX

FDTX Risk / Return Rank: 66
FDTX Sharpe Ratio Rank: 76
FDTX Sortino Ratio Rank: 68
FDTX Omega Ratio Rank: 66
FDTX Calmar Ratio Rank: 62
FDTX Martin Ratio Rank: 56

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDTX vs. TSXU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Technology ETF (FDTX) and Direxion Daily Semiconductors Top 5 Bull 2X Shares (TSXU). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FDTX	TSXU	Difference
Sharpe ratio: Return per unit of total volatility	2.42	—	—
Sortino ratio: Return per unit of downside risk	3.07	—	—
Omega ratio: Gain probability vs. loss probability	1.39	—	—
Calmar ratio: Return relative to maximum drawdown	3.05	—	—
Martin ratio: Return relative to average drawdown	9.66	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FDTX	TSXU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.42	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.25	4.53	-3.29

Drawdowns

FDTX vs. TSXU - Drawdown Comparison

The maximum FDTX drawdown since its inception was -27.23%, smaller than the maximum TSXU drawdown of -35.62%. Use the drawdown chart below to compare losses from any high point for FDTX and TSXU.

Drawdown Indicators

	FDTX	TSXU	Difference
Max Drawdown Largest peak-to-trough decline	-27.23%	-35.62%	+8.39%
Max Drawdown (1Y) Largest decline over 1 year	-19.38%	—	—
Current Drawdown Current decline from peak	-0.88%	-0.92%	+0.04%
Average Drawdown Average peak-to-trough decline	-5.51%	-10.56%	+5.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.11%	—	—

Volatility

Volatility by Period

	FDTX	TSXU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.56%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.47%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	24.45%	78.68%	-54.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.50%	78.68%	-53.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.50%	78.68%	-53.18%

FDTX vs. TSXU - Expense Ratio Comparison

FDTX has a 0.50% expense ratio, which is lower than TSXU's 1.05% expense ratio.

Dividends

FDTX vs. TSXU - Dividend Comparison

FDTX has not paid dividends to shareholders, while TSXU's dividend yield for the trailing twelve months is around 1.20%.

Position	TTM	2025
FDTX Fidelity Disruptive Technology ETF	0.00%	0.00%
TSXU Direxion Daily Semiconductors Top 5 Bull 2X Shares	1.20%	2.54%

Frequently Asked Questions

Can I hold both FDTX and TSXU in my portfolio?

FDTX and TSXU have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, FDTX or TSXU?

On fees, FDTX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, FDTX or TSXU?

FDTX is cheaper with a 0.50% expense ratio, compared with 1.05% for TSXU.

Which ETF pays a higher dividend yield, FDTX or TSXU?

TSXU has the higher dividend yield at 1.20%, compared with 0.00% for FDTX.

What is the main difference between FDTX and TSXU?

FDTX is categorized as Technology Equities, while TSXU is Leveraged Equities. They also come from different issuers: Fidelity and Direxion. Their fees differ too: 0.50% for FDTX and 1.05% for TSXU.